EastWest Bank Depositor's Thread (Filinvest Dev Corp)

Established on July 6, 1994, EastWest Bank was the first recipient of a commercial banking license after the central monetary authority liberalized banking in the mid-1990s. Its first branch was opened along Sen. Gil Puyat Avenue in Makati City on August 1, 1994.
Its name is the result of the bank’s desire to combine the traditional prudence, warmth and hospitality of the East and the efficiency and progressive-thinking of the West.
Since then, EastWest Bank has made its presence known in the banking industry through steady growth. The bank offered products and services via traditional and alternative delivery channels, and opened more branches to make banking accessible and convenient for its clients. It later introduced internet banking facility to expand delivery channels for its products and services.
EastWest is a subsidiary of the Filinvest Development Corporation (FDC), one of the country’s leading conglomerates, with interests in banking, real estate, hospitality and tourism, power generation and sugar.

Story of Unprecedented Growth
At the dawn of the new millennium, EastWest took advantage of acquisition opportunities.
The bank acquired Ecology Savings Bank, Inc. in August 2003 and became the sixth largest credit card issuer and one of the largest in auto financing when it acquired AIG PhilAm Savings Bank (AIGPASB) in 2009. Two years later, it further expanded its branch network when the bank acquired Green Bank of Caraga, Inc. in August 2011.
It was in November 2011 when EastWest received its universal banking license from the Bangko Sentral ng Pilipinas. The universal banking license allowed the bank to offer a wider range of financial products and services directed to serve the consumer and corporate middle-market market segments better.
2012 was a pivotal year as new strategic plans began to take shape. The bank became a publicly-listed bank through an initial public offering, raising around Php4.8 Billion in May 2012. The IPO was the first by a Philippine bank in eight years.
The year also marked another milestone with the acquisition of Finman Rural Bank, Inc. in June 2012. EastWest widened its footprint nationwide and made its banking operations more efficient. It was also during the year when EastWest moved to its current corporate offices in Bonifacio Global City in Taguig.
In 2012, EastWest also started to refer to its branches as stores which serve as one-stop-shops that satisfy the financial needs of customers with a complete line of financial products and services.
During this period, EastWest embarked on an aggressive store expansion program and opened more stores in an unprecedented pace, opening 22 in a single day and ending the year with 100 additional stores. This expansion program was not only to serve more customers nationwide but also to create more value for them. Aside from new store openings, it also launched its mobile ATM and boosted its ATM network.
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Comments

  • piquanteyepiquanteye Member ✭✭✭✭
    All Easwest Bank Depositor, UITF investors and etc. share your experiences here. The bank is more focused on consumer lending and middle income investors but any Private Banking or Priority Banking customers here? What is your experience?

    Did the Bank's overall service and customer experience improved after acquiring Standard Charted Bank Philippines operations?


    share you thoughts and banking relationship with the new growing bank EastWest Bank.
  • piquanteyepiquanteye Member ✭✭✭✭
    Easwest Rural Bank depositors also welcome to post.

    Eastwest is giving higher interest rate on their savings account. Care to share your thoughts?
  • piquanteyepiquanteye Member ✭✭✭✭
    Personal, auto, home loan any experiences?
  • gibsonfangibsonfan Member ✭✭✭✭
    Sila rin ata ang one of the lowest sa opening/maintaining balance? Very strict sila na malapit ka sa BOA if ever magbubukas ka ng account.

    No direct experience with them though.
  • jmarcillajmarcilla Member PExer
    NEED CASH????
    We offer Personal Cash Loan. Like SALARY LOAN or BUSINESS LOAN. Its a no Collateral, no guarantor cash Loan. You can loan from 30 Thousand up to 2 million. You can pay it in 12, 18, 24, 36 months term.

    We process Personal Loan from the following banks!

    SECURITY BANK
    BANK OF MAKATI
    CHINATRUST
    EASTWEST BANK
    MAYBANK
    PBCOM
    STERLING BANK OF ASIA
    UCPB

    If your interested and if you have friend need it, just leave a message or text or call to 0977-7777-767 VIBER: 0977-7777-767 Email: [email protected]

    Look JM ARCILLA
    Thank you.
  • eric23eric23 Member PExer
    Hi people, Nag apply ako ng SCC with BPI and got 11k CL, then after 3 months while waiting for my friend sa SM Mega Mall Supermarket, nilapitan ako ng UB agent offering CC, he took my info and Id's and ni-picturan nya yung CC ko with BPI.. After 2 weeks wala naman akong na received na call sa kanila for CI, then just recently last Monday I received their letter thru email that my application was approved for Gold Visa Card. How will I know kung legit po yung email nila?
  • BoychupitoBoychupito Member ✭✭✭
    Both my Autoloan and Home loan is with EW bank. I also have a Gold CC with them, although I don't have a high relationship balance.

    I'm planning to transfer our emergency fund from BPI to EW soon dahil sobrang toxic palagi sa BPI. Sa EW BOA ko walang pila most of the time and kilalang kilala nako ng Tellers and BM. Feeling preferred client na. :lol:
  • piquanteyepiquanteye Member ✭✭✭✭
    magkano na kaya Priority banking client sa Eastwest bank?

    dahil sa mobile app ng EWB parang na enganyo ako magopen ng Basic Savings account hehehe
  • gibsonfangibsonfan Member ✭✭✭✭
    piquanteye wrote: »
    magkano na kaya Priority banking client sa Eastwest bank?

    dahil sa mobile app ng EWB parang na enganyo ako magopen ng Basic Savings account hehehe

    Gusto ko rin malaman ano minimum TRB sa EWB Priority Banking.

    Actually, handy nga magbukas ng SA - 100 PHP lang naman.

    Citi Priority - 1M Citigold - 4.5m
    HSBC Advance - 100k HSBC Premier - 4m HSBC Private - $5M
    BPI Preferred - XXX,XXX (branch dependent)
    BDO Private - 5M
    EWB Priority?
    Security Bank Gold - 100k Platinum - 500k
  • piquanteyepiquanteye Member ✭✭✭✭
    siguro 4 to 5M? parang tulad ng HSBC Premier? since galing Standard Chartered ang mga Priority banking clients ng Eastwest?
    gibsonfan wrote: »
    Gusto ko rin malaman ano minimum TRB sa EWB Priority Banking.

    Actually, handy nga magbukas ng SA - 100 PHP lang naman.

    Citi Priority - 1M Citigold - 4.5m
    HSBC Advance - 100k HSBC Premier - 4m HSBC Private - $5M
    BPI Preferred - XXX,XXX (branch dependent)
    BDO Private - 5M
    EWB Priority?
    Security Bank Gold - 100k Platinum - 500k
  • piquanteyepiquanteye Member ✭✭✭✭
    Transfer of Standard Chartered Retail Banking to EastWest Bank
    effective 25 November 2016
    Transfer of the retail banking business of Standard Chartered Bank Philippines to
    EastWest Bank was completed at end of day on 25 November 2016.
    For clients with investments and/or Trust placements who have not provided their
    disposition or submitted the complete document requirements to allow the transfer of
    their investment, placement, or settlement accounts, please get in touch with SCB
    Trust Department at 878-2959.
    Should you have any other concerns regarding your account transferred to EastWest
    Bank, please contact their Customer Service 24-Hour Hotline at 888-1700, or their
    Domestic Toll-Free Hotline at 1-800-1888--8600.
  • weewweew Member ✭✭
    Anyone with time deposit in Eastwrst bank? Nay reviews? Tia.
  • piquanteyepiquanteye Member ✭✭✭✭
    You can open TD via easwest online daw
  • piquanteyepiquanteye Member ✭✭✭✭
    edited May 20
    wow... You can now  open a deposit account online. Good job Eastwest Bank!


    Apply for an EastWest Deposit Account in 2 easy steps:

    1. Download and accomplish the Customer Information Sheet found in the link below:
    2. Visit your preferred Eastwest Store to submit the accomplish customer information sheet with the following supporting documents:

      > at least one (1) un-expired, photo bearing with signature identification document(ID)
           click here for the list of valid IDs
      > Proof of billing (under your name & home address)
      > Proof of income (ITR, Payslip, Certificate of Employment)
      > Photo ID(1X1 or 2X2)
      > Presentation of additional documents for

      Minors
      • Original and clear copy of NSO Birth Ceritificate
      • for Guardian or Administrator, or original and clear copy of the Court Order appointing them

      Tax-Exempt individual
      • Notarized Tax Exemption Affidavit executed by the applicant/depositor
      • Certification of Tax Exemption issued by Revenue District Office (RDO)

      Non-Resident individual and OFW:
      • Passport
      • Alien Cerificate of Registration (ACR), Immigrant Ceritificate of Registration (ICR) for non-citizen of the Philippines
      • Contract of Employment for Philippine citizens
    Request Callback


  • piquanteyepiquanteye Member ✭✭✭✭
    edited May 29
    up for Eastwest Depositor's thread, kamusta naman ang priority banking clients dito?
    one of the benefits of priority banking clients is the EastWest bank Priority Banking Visa Infinite.

    pero meron na bang
    - free withdrawals any ATM locally
    - free life insurance by Eastwest Ageas life
    - preferential rates on Eastwest home loan, autoloan, personal loan, business loan and etc.
    - free Eastwest bank merchandise (pakalendaryo ni meyor?)


  • gibsonfangibsonfan Member ✭✭✭✭
    up for Eastwest Depositor's thread, kamusta naman ang priority banking clients dito?
    one of the benefits of priority banking clients is the EastWest bank Priority Banking Visa Infinite.

    pero meron na bang
    - free withdrawals any ATM locally
    - free life insurance by Eastwest Ageas life
    - preferential rates on Eastwest home loan, autoloan, personal loan, business loan and etc.
    - free Eastwest bank merchandise (pakalendaryo ni meyor?)


    Mostly mga galing Standard Chartered ata itong mga depositor na ito
  • piquanteyepiquanteye Member ✭✭✭✭
    edited May 29
    Oo nga mga Standard Chartered clients nga daw. Pero maS Okay sana kung ilabas ng Eastwest bank how to avail Priority banking or Private Banking status. Like security Bank Gold Circle concept.
  • piquanteyepiquanteye Member ✭✭✭✭
    Let's thank @IronHandofjustice for this shared info on EWB priority banking.

    Info got form UnionBank Cards thread

  • piquanteyepiquanteye Member ✭✭✭✭
    edited May 30
    I totally forgot iba pala focus market ng EWB which is low to middle income Kaya they dont advertise prio banking sa website.

    Mala Family Bank nga pala sila.
  • IronHandofJusticeIronHandofJustice Member ✭✭✭✭
    Thanks @piquanteye

    Ang gusto ko kay EW is they have the basic savings account na 100 pesos maintaining and that is interest earning at 500 pesos ADB, with Visa contactless and walang withdrawal fee. Dito mo nakikita na this bank really wants to extend its products sa mass segment wherein karamihang Pinoy can't maintain high balances but wanted to save. 

    Ang alam ko about EW Rural bank previously known as Green Bank, they are distinctly focused on DepED salary loans. Although just like other rural and savings banks, consumer loans naman talaga sa kanila.

    I haven't tried opening TD online but I know pwede. Wala pa kasing ilalagay. 😆

    Sa ngayon, dalawa lang products ko sa kanila, Basic Savings and my Umbrella Policy with Ageas which is A VERY GOOD term insurance product. 

    I am positive this bank as well as SB will be more aggressive in the years to come. Thank you for endorsing Lea Salonga!


    P.S. 10 pesos lang ang withdrawal fee nila by using non EW ATM unlike BPI na 15 pesos. 5 pesos din yan. Hahaha! 
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